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Consumers’ trust in the sharing economy

Mini Dissertation (MPhil)--University of Pretoria, 2020.

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Other Authors: Chipp, Kerry
Format: Thesis
Language:English
Published: University of Pretoria 2021
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access_status_str Open Access
author2 Chipp, Kerry
author_browse Chipp, Kerry
author_facet Chipp, Kerry
collection Thesis
dc_rights_str_mv © 2021 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MPhil)--University of Pretoria, 2020.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:07.698Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2021
publishDateRange 2021
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publisher University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/80507 Consumers’ trust in the sharing economy Chipp, Kerry ichelp@gibs.co.za Mthombeni, Morris Ramphal, Avikaar UCTD Mini Dissertation (MPhil)--University of Pretoria, 2020. The sharing economy (SE) challenges consumers to participate in services characterised by information asymmetry, heterogeneous quality and risks of interacting with strangers who are consumers themselves, rather than traditional firms. Hence, the functioning of the SE requires consumers to trust the individual service provider and the platform facilitating the service. Reputation systems help signal quality and reduce information asymmetries. Platforms employ systems for consumers to rate service providers on a scale from 1 to 5 stars. Correspondingly, independent regulatory bodies rate the quality of a service provider’s establishment on a similar numeric scale—something unique to the short-term accommodation sector. In addition, the platform brand also conveys certain characteristics of the structural assurance of the SE platform. Through an online survey, 635 respondents were exposed to a between-subjects experimental vignette that altered the level of platform reputation and independent reputation systems. The resultant covariance-based structural equation modelling analysis revealed that: (i) consumers’ trust in service providers was heavily influenced by platform reputation systems, rather than independent reputation systems, (ii) platform reputation systems were more effective in building trust at higher levels, underscoring the prevalence of a higher rating floor, (iii) independent reputation systems were not statistically significant in influencing trust in the service providers, (iv) trust in the platform was significantly influenced by the platform brand, (v) trust in the service provider played a bigger role in influencing consumers’ propensity to participate in the SE, relative to trust in the platform, and (vi) trust in the service provider and trust in the platform partially mediated consumers’ propensity to participate in the SE. Gordon Institute of Business Science (GIBS) MPhil Unrestricted 2021-06-22T12:29:20Z 2021-06-22T12:29:20Z 2021/04/14 2020 Mini Dissertation Ramphal, A 2020, Consumers’ trust in the sharing economy, MPhil Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/80507> http://hdl.handle.net/2263/80507 en © 2021 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Consumers’ trust in the sharing economy
title Consumers’ trust in the sharing economy
title_full Consumers’ trust in the sharing economy
title_fullStr Consumers’ trust in the sharing economy
title_full_unstemmed Consumers’ trust in the sharing economy
title_short Consumers’ trust in the sharing economy
title_sort consumers trust in the sharing economy
topic UCTD
url http://hdl.handle.net/2263/80507